The U.S. Senate passed a resolution to revoke the IRS DeFi broker rules, and the House of Representatives will review it
By:Cointime
According to Eleanor Terrett, the U.S. Senate overwhelmingly passed Senator Ted Cruz's "Congressional Review Act" (CRA) by a vote of 70-27, repealing IRS regulations on DeFi brokers. The resolution has now been submitted for consideration by the House of Representatives.
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